Dawning Information Industry Co (SHSE:603019) Days Payable: 144.59 (As of Jun. 2026) — 35% Above Median

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SHSE:603019 Dawning Information Industry Co Ltd SHSE:603019
92 GF Score
Price ¥86.67
GF Value ¥83.34
Valuation Fairly Valued
! 3 Warning Signs
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What is Dawning Information Industry Co Days Payable?

Dawning Information Industry Co SHSE:603019 -1.81% 92 Days Payable is 144.59 as of Jun. 2026, which is 35% above its 10-year median of 107.34. GuruFocus rates SHSE:603019 with a GF Score™ of 92/100 and a GF Value™ of ¥83.34 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,442 Hardware companies, Dawning Information Industry Co ranks better than 78.54% on this metric.

Dawning Information Industry Co's average Accounts Payable for the three months ended in Jun. 2026 was ¥4,885 Mil. Dawning Information Industry Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥3,083 Mil. Hence, Dawning Information Industry Co's Days Payable for the three months ended in Jun. 2026 was 144.59.

The historical rank and industry rank for Dawning Information Industry Co's Days Payable or its related term are showing as below:

SHSE:603019' s Days Payable Range Over the Past 10 Years
Min: 79.58   Med: 107.34   Max: 138.77
Current: 130.15

During the past 13 years, Dawning Information Industry Co's highest Days Payable was 138.77. The lowest was 79.58. And the median was 107.34.

SHSE:603019's Days Payable is ranked better than
78.54% of 2442 companies
in the Hardware industry
Industry Median: 70.065 vs SHSE:603019: 130.15

Dawning Information Industry Co's Days Payable increased from Jun. 2025 (117.14) to Jun. 2026 (144.59). It may suggest that Dawning Information Industry Co delayed paying its suppliers.


Dawning Information Industry Co Days Payable Related Terms


Dawning Information Industry Co Days Payable Historical Data

* Premium members only.

The historical data trend for Dawning Information Industry Co's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dawning Information Industry Co Days Payable Chart

Dawning Information Industry Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.21 95.77 79.58 105.76 137.71

Dawning Information Industry Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 117.14 118.76 94.62 152.95 144.59

SHSE:603019 vs DELL, ANET, SNDK: Days Payable Comparison

For the Computer Hardware subindustry, Dawning Information Industry Co's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dawning Information Industry Co Days Payable vs Hardware Industry

For the Hardware industry and Technology sector, Dawning Information Industry Co's Days Payable distribution charts can be found below:

* The bar in red indicates where Dawning Information Industry Co's Days Payable falls into.


SHSE:603019
92GF Score
Dawning Information Industry Co Ltd SHSE:603019
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Dawning Information Industry Co Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Dawning Information Industry Co's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (3228.435 + 4609.24) / 2 ) / 10387.242*365
=3918.8375 / 10387.242*365
=137.71

Dawning Information Industry Co's Days Payable for the quarter that ended in Jun. 2026 is calculated as:

Days Payable (Q: Jun. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Mar. 2026 ) + Accounts Payable (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (3267.955 + 6502.678) / 2 ) / 3083.108*365 / 4
=4885.3165 / 3083.108*365 / 4
=144.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 144.59 mean?
Dawning Information Industry Co (SHSE:603019) has a Days Payable of 144.59 as of Jun. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dawning Information Industry Co and its competitors. This is 35% above median its historical median of 107.34. Over the past decade, Dawning Information Industry Co's Days Payable has ranged from 79.58 to 138.77. According to the industry distribution chart, Dawning Information Industry Co ranks #524 out of 2442 companies in the Hardware industry, placing it in the top 21.5%.
Is Dawning Information Industry Co's Days Payable too high?
Dawning Information Industry Co's current Days Payable of 144.59 is 35% above median its 10-year median of 107.34. Over the past 10 years, this metric has ranged from a low of 79.58 to a high of 138.77. The Hardware industry median Days Payable is 70.07. Dawning Information Industry Co's value of 144.59 is 106.4% above this industry median. Based on the distribution chart, Dawning Information Industry Co ranks #524 out of 2442 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Dawning Information Industry Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dawning Information Industry Co's Days Payable compare to DELL and ANET?
According to the Hardware industry distribution chart, Dawning Information Industry Co ranks #524 out of 2442 companies for Days Payable. This places Dawning Information Industry Co in the top 22% of its industry — outperforming the majority of peers. The industry median Days Payable is 70.07. Dawning Information Industry Co's value of 144.59 is 106.4% above this benchmark. Historically, Dawning Information Industry Co's own Days Payable has ranged from 79.58 to 138.77 over the past decade. While the company's 10-year median is 107.34 vs. the industry median of 70.07, Dawning Information Industry Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Hardware company?
The median Days Payable among Hardware companies is 70.07, based on 2,442 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dawning Information Industry Co's current Days Payable of 144.59 is 106.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Dawning Information Industry Co and its competitors. For the Hardware industry, the median Days Payable is 70.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dawning Information Industry Co's current Days Payable is 144.59, which is 35% above median its own 10-year median of 107.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawning Information Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Dawning Information Industry Co (SHSE:603019) is currently considered Fairly Valued. The stock's GF Value™ is ¥83.34, compared to a current price of ¥86.67 — trading 4% above its estimated fair value. The current Days Payable is 144.59, which is 35% above median its 10-year median of 107.34 and 106.4% above the Hardware industry median of 70.07. Dawning Information Industry Co's overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Dawning Information Industry Co (SHSE:603019), the current Days Payable is 144.59 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dawning Information Industry Co (SHSE:603019) Overvalued in 2026?

Based on GuruFocus' analysis, Dawning Information Industry Co stock appears to be overvalued. The current stock price of ¥86.67 is trading 4% above its estimated GF Value™ of ¥83.34. GuruFocus considers Dawning Information Industry Co to be Fairly Valued.

Key valuation signals for SHSE:603019:

  • Days Payable: 144.59 (35% above median its 10-year median of 107.34)
  • GF Value™: ¥83.34 vs. price of ¥86.67 (4% above fair value)
  • GF Score™: 92/100 with 3 warning signs
  • Industry Position: 106.4% above the Hardware median (#524 of 2442)

No single metric tells the full story. See the SHSE:603019 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dawning Information Industry Co Business Description

Address Dongbeiwang West Road, Building 36, No. 8 Courtyard, Haidian District, Beijing, CHN, 100193
Dawning Information Industry Co Ltd is engaged in the research and development and manufacturing of core IT equipment, the company provides high-end computers, storage products and integrated services for cloud computing and big data.
92GF Score

Get the complete analysis for SHSE:603019

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥86.67
Price
¥83.34
GF Value